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This Day in Georgia History

December 21, 1732

Oglethorpe Resigned and Sold Stock

While James Oglethorpe was at sea sailing to America with the first Georgia colonists, the sale of all of his stock in the Royal African Company (then worth about £1,000) was finalized. Also before embarking, Oglethorpe apparently resigned from the board of governors of the company.

To view a publication on James Oglethorpe, see the Digital Library of Georgia.